financetom
Business
financetom
/
Business
/
Kroger Files Motion to Block FTC's Administrative Action Against Merger With Albertsons
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Kroger Files Motion to Block FTC's Administrative Action Against Merger With Albertsons
Aug 19, 2024 1:26 PM

04:02 PM EDT, 08/19/2024 (MT Newswires) -- Kroger ( KR ) said Monday that it filed a motion for a preliminary injunction against the Federal Trade Commission's administrative proceeding opposing its merger with Albertsons ( ACI ) .

The motion submitted in the US District Court for the Southern District of Ohio alleges the FTC's administrative proceeding and a motion in federal court to block the transaction violates its constitutional protections.

The trial for FTC's motion in the District of Oregon will begin on Aug. 26, according to Kroger ( KR ).

FTC did not immediately reply to a request for comment from MT Newswires.

Price: 52.86, Change: -0.34, Percent Change: -0.63

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Snickers maker Mars explores acquisition of Kellanova, sources say
Snickers maker Mars explores acquisition of Kellanova, sources say
Aug 4, 2024
(Reuters) - Family-owned food giant Mars, whose candy brands include M&M's and Snickers, is exploring a potential acquisition of Kellanova ( K ), maker of snacks such as Cheez-It and Pringles, according to people familiar with the matter.  A deal would be one of the biggest ever in the packaged food sector, given Kellanova's ( K ) market value of...
Ukraine finally deploying US-made F-16 fighter jets, Zelenskiy says
Ukraine finally deploying US-made F-16 fighter jets, Zelenskiy says
Aug 4, 2024
* Zelenskiy announces use of U.S.-made fighter planes * Ukraine waited long for the higher-capability jets * Kyiv hopes they will change war, Russia vows to down them (Adds comment by top Ukrainian commander in paragraphs 4-5) By Anastasiia Malenko Aug 4 (Reuters) - Ukrainian pilots have started flying F-16s for operations within the nation, President Volodymyr Zelenskiy said on...
AMC Entertainment swings to loss in the second-quarter hurt by weak movie lineup
AMC Entertainment swings to loss in the second-quarter hurt by weak movie lineup
Aug 4, 2024
(Reuters) - AMC Entertainment Holdings ( AMC ) posted a loss for the second quarter compared to a profit in the same period last year hurt by the lingering impact of last year's dual Hollywood strikes, which led to a limited number of major theatrical releases. The U.S. film industry faced significant disruption in 2023 due to parallel writers' and...
Bitcoin falls 5.69% to $58,987
Bitcoin falls 5.69% to $58,987
Aug 4, 2024
(Reuters) - Bitcoin fell 5.69% to $58,987 at 15:58 GMT on Sunday. Earlier, the world's biggest and best-known cryptocurrency fell 3.98% to $60,050 at 1950 GMT on Saturday. (Reporting by Surbhi Misra in Bengaluru) ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved